U.S. News

Read Them Here: Madoff Case Victim Statements

Associated Press
WATCH LIVE
Bernie Madoff
CNBC.com

New York City prosecutors have submitted 113 victim statements to a judge ahead of failed financier Bernard Madoff's sentencing later this month.

The statements submitted on Monday by federal prosecutors include eight from victims who wish to speak at the June 29 sentencing.

The 71-year-old Madoff has been jailed since he pleaded guilty in March, admitting that a giant fraud cost thousands of investors of tens of billions of dollars.

A letter from a man who identified himself as Paul Allen said he was left at age 89 "devoid of future hope" because of the fraud.